"When I ran for mayor, I said I was going to tax the rich — well, today, we're taxing the rich," NYC Mayor Zohran Mamdani ...

The president accused Mayor Zohran Mamdani of destroying New York City with the very proposals he campaigned on.

The mayor, his supporters, and public opinion convinced their previously reluctant governor to agree to a tax on the second (or third, fourth, fifth, etc.) homes of their city’s nonresident rich.

WASHINGTON, D.C. — Sen. Elizabeth Warren and a group of other Democrats are introducing a bill that seeks to further tax the “ultra-rich,” or those who have a net worth over $50 million. The lawmakers ...